At the Multi Commodity Exchange, gold for delivery in June eased by Rs 130, or 0.45 per cent, to Rs 28,840 per 10 grams in a business turnover of 325 lots.

Likewise, the metal for delivery in far-month August shed Rs 73, or 0.26 per cent, to Rs 28,329 per 10 grams in 12 lots.

Analysts said besides profit-booking by speculators, a weak trend in the overseas markets on speculation that the Federal Reserve will further reduce US monetary stimulus as it starts a two-day policy meeting today, put pressure on the gold prices at futures trade here.